Cann-Is Capital to buy all shares of CWE European Holdings

Cann-Is Capital Corp., a Canadian company that helps cannabis companies raise capital, has bought all outstanding equity of CWE European Holdings, a privately held Canadian holding company that sells CBD in German-speaking countries in Europe. Cann-Is Capital did not disclose a purchase amount. CWE owns and operates six stores in Germany through DCI GmbH, a […]

FTC identifies CBD retailers warned about health claims

A federal consumer protection agency has identified four CBD manufacturers it flagged for unfair and deceptive advertising. The U.S. Federal Trade Commission (FTC) announced warning letters were sent last month to four companies selling hemp-derived CBD products. At the time, the agency did not name the companies. A public records request posted this week made those warnings public. […]

USDA to spend $500,000 researching hemp cross-pollination

Researchers from Virginia Tech have been tapped to predict the trajectory of wind-dispersed hemp pollen, a major concern for outdoor growers of marijuana and flower varieties of hemp. The U.S. Department of Agriculture has devoted $500,000 to look at the path of hemp and switchgrass pollens. The goal is to predict how and where pollen […]

Canadian health food association pushes back on CBD limits

Canada should allow hemp-derived CBD sales without a cannabis license, according to Canada’s largest trade association dedicated to natural health and organic products. The Canadian Health Food Association (CHFA) said natural-foods stores and other retailers shouldn’t need permission from Health Canada, the agency that regulates marijuana. The notice Monday came in response to one in June from […]

Early snow threatens Western hemp, sending farmers scrambling

(This story has been updated with details from Oregon.)  Hemp farmers in the Western states are frantically harvesting their crops an early-season storm threatens cold temperatures and severe wind chill, potentially dumping as much as 50 inches of snow on their fields. Jamie Fitterer, the owner of Montana Hemp Co., said farmers in Bozeman and […]

DEA added to list of agencies ordered to adapt to hemp legalization

The U.S. Drug Enforcement Administration is the latest agency being ordered to accommodate hemp legalization using a budget maneuver. Senate Majority Leader Mitch McConnell, R-Kentucky, announced Thursday he is championing a requirement that the DEA “identify or develop on-the-spot field testing technologies” to distinguish hemp from marijuana. The need for speedier cannabis tests has bedeviled […]

Report: CBD tops turmeric as top-selling dietary supplement, charting up 333% in natural channels

CBD rocketed to the best-selling herbal dietary supplement in natural sales channels last year, ousting turmeric as the No. 1 seller, according to a new report from the American Botanical Council. Sales of CBD products jumped 333% in 2018 in natural- and health-foods sales channels, notching $52.7 million in U.S. sales, the Texas-based industry group […]

Hemp-banking protections pass US House as part of landmark cannabis bill

House lawmakers passed a historic cannabis banking bill Wednesday that also provides a safe harbor for financial institutions serving hemp and hemp-derived CBD businesses. Proponents believed that such provisions were necessary despite the fact that hemp became legal nationwide with the enactment of the 2018 Farm Bill. The hemp amendments in the SAFE Banking Act, […]

UK farmers group endorses hemp products to reduce global warming

Hemp-derived construction components could help reduce greenhouse-gas emissions and should be promoted by the government, according to a new report from an English farmers association. The National Farming Union, a group of about 50,000 farmers in England and Wales, touted hemp construction in a plan detailing ways to get England’s and Wales’ farming industries to […]

1 2 3 6
Right Menu Icon